HB 2493
Creates income tax credit for eligible costs of development of middle housing dwelling units that sell for price affordable to household with annual income between 80 percent and 120 percent of area median income.
| Status | In House Committee (HHOUSH) |
| Sponsors | E. Werner Reschke (Republican) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Creates an income tax credit for development costs of middle housing units affordable to households earning 80-120% of area median income.
Sponsors#
Chief Sponsors: E. Werner Reschke
Overview#
Creates income tax credit for eligible costs of development of middle housing dwelling units that sell for price affordable to household with annual income between 80 percent and 120 percent of area median income. Applies to tax years beginning on or after January 1, 2024, and before January 1, 2030. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-09 | H | First reading. Referred to Speaker's desk. |
| 2023-01-16 | H | Referred to Housing and Homelessness with subsequent referral to Tax Expenditures. |
| 2023-06-25 | H | In committee upon adjournment. |